London, Feb 23, 2026, 08:23 GMT — Regular session
Reckitt Benckiser Group plc (RKT.L) slipped 0.1% to 6,410 pence early Monday in London, with shares opening at 6,430 pence and fluctuating between 6,378 and 6,430 pence, LSE.co.uk’s delayed figures show. The FTSE 100 consumer goods company, priced around 30 times earnings, is still hovering near its 52-week high. (London South East)
The stock barely budged, with markets jittery to start the week as U.S. tariff developments rattled futures and left investors cautious. “The tariff landscape is now more uncertain than before,” said Rodrigo Catril, senior FX strategist at NAB, as FTSE futures slipped. (Reuters)
Reckitt’s shares have surged heading into late February, so investors are scanning for the next catalyst, debating whether to stick around or pull some money out. In markets like this, staples sometimes offer a safe haven—until that stops being the case.
The company’s been tweaking its portfolio and handing cash back to investors, moves that have kept shareholders engaged and left the stock quick to react to shifts in positioning. Reckitt wrapped up the sale of its Essential Home business on Dec. 31 and has put forward a plan for a special dividend alongside a share consolidation. (Reckitt)
The company’s share consolidation, a move that shrinks the share count and lifts the per-share price to reflect the large cash payout, kicked in on Feb. 2. According to the company, ordinary shares outstanding stand at 674,005,752, out of which 29,252,346 are sitting in treasury. That leaves 644,753,406 voting rights in total. (Investegate)
Now that work is mostly wrapped, attention returns to how Reckitt is actually performing. Investors are watching: can Health and Hygiene volumes hold up without over-relying on price hikes? And if brand support ramps, margins come into question.
Investors are set to scrutinize management’s comments on cash use following the portfolio reset. The focus: potential for additional buybacks, pace of debt reduction, and what the company now considers bolt-on M&A, especially with market prices no longer low.
The risks aren’t exactly hidden. Margins can shrink fast if emerging-market demand slips, promotions ramp up, or currencies swing harder. Tariff chatter, too, can chill consumer sentiment, “defensive” sector or not.
Reckitt’s next big event comes March 5, with full-year results and an investor presentation scheduled for 08:30 GMT at the London Stock Exchange. (Reckitt)
